The latest results are in! Housing increases in Singapore, United Arab Emirates and more!

    Apr 06, 2023 @ 01:05 PM / by Meleah Paull

    Data Points Illustration

    Photo by AIRINCer Eric Aiken

    The latest results are in! Housing increases in Singapore, United Arab Emirates and more!

    Every quarter AIRINC provide data points update on our cost-of-living research including housing, goods & services, tax and research locations. This quarter’s cost of living research was conducted primarily in North America, Central and South America, the Middle East, Africa, and maritime Southeast Asia-Pacific

    Data Points q1 1 2023HOUSING UPDATE

    Snapshots of expatriate-quality rental markets around the world

    • United States: In many high-cost US metro areas, especially on the east and west coasts, rents have fallen or remained flat since August....
    • United Arab Emirates [RISING]: Dubai rents increased again for Q1 as demand for villas is high and the supply is still limited....
    • Singapore [RISING]: Tenants and rental agents have noted that there is high demand from all sectors and levels as the expatriate population continues to grow....

    Read more housing updates

     

    GOODS AND SERVICES UPDATE

    Highlights from AIRINC’s in-depth research

    • Following a 7.8 magnitude earthquake in February, the Turkish government declared a three-month long state of emergency in the 10 worst affected provinces....
    • See Goods and Services Inflation

    • See Selected locations with inflation higher than 5% for 6 months

    Read more goods and services updates

     

    COUNTRY TAX UPDATE

    Changes in expatriate tax

    • United States: At the Federal level for 2023, there have been inflation-indexing adjustments to tax brackets and the standard deduction.... read more for notable state tax developments
    • Belgium: Inflation-indexing has been applied to deduction maximums, the income splitting amount, tax credits based on family size, other credits, and tax brackets....
    • Singapore: There are two new top marginal rates, 23% and 24%, assessed at taxable incomes of SGD 500,000 and SGD 1,000,000, respectively....

    Read more tax updates

     

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    Topics: Cost of Living, Housing, Data Points, AIRINC News, Tax, Data Analytics, Research

    Meleah Paull

    Written by Meleah Paull

    Meleah is the Director of Data Research & Analysis, overseeing the Research, Goods & Services, and Housing teams. She joined AIRINC in 2015 as a way to continue traveling the world and stayed for the data. She has previously worked with governments, think tanks, non-profits, international organizations, and private and public companies. Meleah makes strategic decisions about how and where to collect data, analytical processes and tools, and answers client questions about core reference data. She received her B.A. in International Studies from the University of Washington and her M.A. in International Affairs from The George Washington University. She has lived and worked in Slovenia and Russia and is currently based in California.